Carry forward of loss


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Querist : Anonymous

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Querist : Anonymous (Querist)
18 October 2011 Sir
If a trust is providing education service by way of school and is incurring loss. can it carry forward the loss to next year if the return is filed after 30th september.

18 October 2011 no bcs if return is filed after due date than losses can not c/f except h.p. loss & deprication

but delay can be condon by ao i frequest made

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